Member Info for Mwalimu

Beira devastated by Cyclone in the last couple of days, 90% destroyed!
Manica in line with and relatively near to Beira.

Has the cyclone hit Manica ?

Southcbubble you ask "So how is that going to help any shareholders of MTV?"

The advert for this device tells of the distance over which it can receive signals and also
advises how to position it, by trail and error, for best reception - very reminiscent
of advice given for the MTV device.

Is it possible that the SkyLink uses similar technology to the MTV device? Is its
technology simply a step along the evolutionary ladder from the MTV device or
has it evolved along a different pathway?

If nothing else such information may be of some interest to 'Old MTVers'.

I have just come across an advert for this device.
It appears to be very similar in its operation to the MTV device - are they related?

Vadri : - Thank you.

As I remember it has been stated somewhere(?) that existing ordinary shareholders (you, me and the like) will be offered the option to purchase shares at the cost of 10p per share. Approximately 5,000,000 shares in total will be offered this way. Each individual shareholder will only be able purchase a limited number of these discounted shares, depending on the number of shares they held prior to 24.1.2018. Obviously shareholders may purchase as many shares as are available if they wish to pay an opening price which exceeds 10p. Of course if the market opens with a share price of less than 10p , then the offer described above is irrelevant and one may simply purchase as many shares as one wishes and that are available. I understand that this offer is by way of reward to longstanding shareholders. My observations above are my take on the information available and my ability to understand the technicalities involved. I am no expert, in fact more of a novice trying to get my head around the subject.. I have brought this subject to the fore as I have seen little mention of it, some longer holding shareholders could do with a bonus, and I still do not have the situation clear in my head.

I read somewhere that existing holders would be offered the option to buy extra shares at the placing price of 10p. The maximum number of shares in this offer being limited to 25% of the number of shares held by existing holders prior to placement. Is this information correct? If so at what stage of the proceedings would such an offer be made? Obviously such an offer would only be be taken up if the share price exceeded 10p, for how long might such an offer be on the table?

Cradle Arc web site up.